Zomato IPO subscribed 1.05x on Day 1, with retail investors leading demand
Zomato’s initial public offering was subscribed 1.05 times on its first day of bidding, with retail investors driving the early response.
Zomato’s IPO was subscribed 1.05 times on its first bidding day, with retail investors driving demand.
Why this matters
The signal repeats recent records noting Zomato's July 2021 IPO reached 1.05x subscription on Day 1, with retail investors leading demand, indicating renewed attention to the same listing event.
The retail-company theme is accelerating, up +207357% QoQ.
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